Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Insurance Code § 4151.106: CERTAIN FUNDS COLLECTED OR RECEIVED BY ADMINISTRATOR.

Where this section sits in the code

INSURANCE CODE
TITLE 13. REGULATION OF PROFESSIONALS
SUBTITLE D. OTHER PROFESSIONALS
CHAPTER 4151. THIRD-PARTY ADMINISTRATORS
SUBCHAPTER C. POWERS AND DUTIES OF ADMINISTRATORS AND INSURERS

(a) An administrator who collects funds must identify and state separately in writing the amount of any premium or contribution specified by the insurer, plan, or plan sponsor for the coverage and provide the information to any person who pays to the administrator a premium or contribution.

(b) An administrator holds in a fiduciary capacity:

(1) a premium or contribution the administrator collects on behalf of an insurer, plan, or plan sponsor; and

(2) a return premium the administrator receives from an insurer, plan, or plan sponsor.

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 7, eff. April 1, 2005.

Collected 2026-08-27T01:47:21Z. Source file · JSON

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